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1448 Primrose Lane
About This Property
Upgrades include new windows 2019 (2 exceptions), 2018 Top of the line High Efficiency Lennox A/C with air purification system and balance of 4+ year transferrable warranty. The interior has been freshly painted and has wood plantation shutters on most windows and sliding doors. The roof has 50 year architectural shingles. This home is Hurricane ready with a new impact front door installed in 2020. Accordion shutters and a generator with wired electrical switch makes this home storm ready. Outdoor patio was built with ability to enclose for more living space if desired. Oversized garage large enough to house a Ski Nautique boat. One side of garage is 25 feet deep. Put your personalized touches on this home and make it yours today. Washer and Dryer do not convey with sale of home. All sizes are approximate and must be verified by buyer. Security camera on premises may be recording during your showing. This is one home you do not want to miss!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2020 | Sold | ||
| Sold | |||
| Nov 23, 2020 | Listed by RE/MAX Prestige Realty/Wellington | $409,900 | |
| Listed by RE/MAX Prestige Realty/Wellington | |||
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About Sugar Pond Manor of Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017